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Exxon to cut 2,000 jobs

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Exxon Mobil Corp. is cutting 2,000 jobs from its workforce.

The cuts equal up to 4% of the company's global workforce, according to a memo viewed by Bloomberg.

Additionally, Imperial Oil Ltd. announced it would cut 20% of its workforce. Exxon owns nearly 70% of Imperial Oil.

Read more from Bloomberg.

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